经济援助奖项

 Federal student aid is typically 奖ed in mid-March for the following academic year for students who were admitted and completed all requirements in Banweb by March 1st.  Students will be notified via e-mail when 奖s are ready to view in Banweb.  The 金融援助 Office will continue to process 奖s for students once they are 被录取和/或已完成所有所需文件.  建议学生 have all requirements completed by the beginning of August in order to avoid any delays in processing financial aid for the start of the fall semester.

助学金的变化

经济援助资格可能会因各种原因而改变.  核查完成; receipt of an additional outside resource, change in enrollment, failure to meet Satisfactory Academic Progress (SAP), changes in state/federal funding levels, and other factors 会导致资格的改变吗.  建议学生提交任何 scholarship 奖 notifications from outside sources as soon as possible, and that students notify the 金融援助 Office if they do not plan to attend full-time, or for the full academic year so that 奖s can be adjusted accordingly.

Notifications of financial aid eligibility changes are sent via e-mail and require 登录Banweb查看.  没有奖励信息的历史记录，所以 we strongly recommend that students save a record of their 奖 each time a notification 收到.

奖励的发放

As long as the student is pre-registered and has all financial aid requirements completed in Banweb, financial aid will be posted to the student's account the Monday before the start 本学期的.  金融援助 will continue to process disbursements once per week 整个学期.

If a student has a credit balance on their account, it will be processed as a refund check (or direct deposit, if student has a direct deposit account set up in Touchnet). Refund checks are first available the Friday before the semester starts, at the 早上8点到下午4点的收银窗口.  一旦学期开始，任何学分都要结余 is posted to a student's account by Wednesday will typically be processed as a refund 在周五.  Please note that processing times may be affected due to holidays. 退款 寒假期间不办理吗.

If a student receives a refund, but instead wishes to reduce or cancel a loan for the semester in lieu of receiving the refund, they should not cash the refund check. Students would need to contact 金融援助 to have an adjustment processed to their 奖.

归还联邦财政援助基金

If a student who received Title IV SFA (Student 金融援助) funds (Pell Grant, Campus Based funds, Federal Direct Loan program funds) withdraws from NMIMT after beginning attendance for the semester, the amount of Title IV assistance earned by 这个学生必须下定决心.  这是通过一个计算来完成的 美国教育部.  如果支付给学生的金额是 greater than the amount the student earned, unearned funds must be returned to the 国家林业局项目.  如果支付给学生的金额是 less than the amount the student earned, and for which the student is otherwise eligible, he or she is eligible to receive a post-撤军 disbursement of the earned aid that was not received.

The amount of assistance the student has earned is based upon the percentage of the 学生入学的学期.

   Enrolled days / total number of days in the semester = % of aid earned

Once the student has completed more than 60% 本学期的, he/she is considered to have earned all of the funds 奖ed and is not subject to the calculation.

Federal Work-Study funds are excluded from the R2T4 calculation.

There are two types of 撤军s for Title IV financial aid purposes.

1. 官方取款

   • If the student officially notifies NMIMT of his/her intentions to withdraw, this date is considered to be the last date of attendance and will be the official 撤军 计算第四章SFA基金所得金额的日期.

2. 非官方的取款

   • If a student receives grades of all F, U, or UA for a semester, the student is considered 非正式地退出了365彩票在线过滤.  学期的中点 is used as the student's unofficial 撤军 date unless documentation is submitted to show a different last date of attendance at an academically related activity.  Examples of academically related activities are attendance in class, an exam, a tutorial, computer-assisted instruction, academic counseling, academic advisement, turning in a class assignment, or attending a study group that is assigned by the school.  To use a date later than the midpoint 本学期的, the student will need to have an instructor submit notice of one of the above items to the 金融援助 Office by the deadline stated in the letter sent to the student regarding the unofficial 撤军.

标题IV的回报(R2T4)资金的计算有两个部分.  一部分决定了 the amount of funds the school must return to the Title IV programs.  另一部分 determines the amount of funds the student is required to return.

The 金融援助 Office completes the Return of Title IV Funds calculations within 30 days of the 撤军 notification, and notifies the student of the calculation 结果.  资金将在45天内返还.  如果学生欠助学金 overpayment, the student has a certain number of days to take positive action to correct 超额支付.  If the student fails to take positive action by the deadline, the overpayment is referred to the Department of Education and reported on the National 学生贷款数据库系统.  学生就失去了第四章的资格.